What are the responsibilities and job description for the Actuarial Analyst II - Data Science Focus position at Munich Re?
Actuarial Analyst II - Data Science Focus
Company
American Modern Insurance Group
Location
Cincinnati
United States
Title : Actuarial Analyst II (with a Data Science focus)
Location : current schedule is hybrid (40-50% in the Amelia, Ohio office)
Recruiter : Sonya Fischesser
Exempt position
American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes and specialty dwellings - and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion.
Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.
Purpose :
Provide required technical expertise in the appropriate evaluation of risk and profitability based on sound actuarial and statistical principles and techniques.
Roles & Responsibilities :
Because this role is a part of the rotation program within Predictive Analytics and Actuarial Services, initial emphasis will be on building Pricing models using R.
- Prepare and complete actuarial and / or predictive modeling analysis appropriate for the functional area. May include ultimate loss projections, pricing studies, rate filings, risk capital modeling, portfolio analysis, and research projects or claims analytical studies.
- Participate in the development of actuarial presentations and present results / topics to managers or other team members.
- Completion of required data preparation, including data input. Identify data issues requiring specialized actuarial attention.
- Document and communicate results and alternatives to actuarial staff and internal customers.
- Modify existing R based tools and expand knowledge of relevant software, tools and technology such as Databricks, DevOps, Earnix, etc.
- Participate in the development of new methodologies, products, and procedures.
- Complete peer reviews.
- Prepare for and pass actuarial exams.
- May assist in the training of new actuarial analysts and / or data scientists.
Required Technical Skills :
Skills / Knowledge / Experience :
Level I
Level II
Education, Certifications & Designations :
Level I : Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis. GPA 3.2 or higher. Passed at least 1 exam for CAS designation
Level II : Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis. GPA 3.2 or higher. Passed a minimum of 3 exams for CAS designation. A graduate degree in physics, engineering, applied mathematics or statistics may be substituted for 1 actuarial exam.
We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits :
In addition to the above insurance offerings, our employees also enjoy :
At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
LI-SF1
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